Tell-Tale Signs Of The Next Commodity Supercycle

 Commodities are finding favor amid expectations of a rebounding global economy, a weaker dollar and rising inflation. Analysts at Goldman Sachs predict an oncoming commodity supercycle, following global economic rebounds from the impacts of the COVID-19 crisis. Given the unprecedented increase in monetary and fiscal policies, we can expect inflation to exceed current market expectations. Nearly every commodity is in a deficit, including oil today, despite lockdowns, as the copper market heads for a multi-year period of deficits due to significant increases in demand for renewable energy.